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Re: Red_Wolf post# 111665

Friday, 10/19/2012 8:00:49 AM

Friday, October 19, 2012 8:00:49 AM

Post# of 160471
You are 100% wrong. This is not a subjective filing. It is very defined. What is it you can't or won't understand about the fact that the share structure is locked? The only way for preferred shares to be converted is to buy the needed common shares back from off the open market. Then once they sat in the company treasury only the adjusted amount of preferred shares could be exchanged for these common shares. Do you understand that even if this were to happen that there would be ZERO net change to the float or the share structure from what it is at present? So there would be zero dilutive effect on the value per share.
If I were in your camp I would be very concerned as the CEO can not be strong armed into selling shares to stuck shorts. I would be down right terrified that there are so many clients already lined up ad that the earnings from these clients put BCAP well into the black as BCAP has already claimed self sufficiency.

End of the month got here quickly hunh? Things going to get ugly at work over the next few weeks hunh? Lots of cursing and chair throwing. Someone might actually miss a racquet ball game at the club......

BCAP.